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Innovation Labs Group Limited

12242879

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

12 BURY STREET, STOWMARKET, IP14 1HA
Incorporated 03/10/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities
82990
Other business support service activities

Officers

Mr Hayden Allen-Vercoe

director · Since 03/10/2019

SOCIAL MEDIA DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 1 other board

Mr Peter Ian Basford

director · Since 03/10/2019

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 4 other boards

Mr Peter Alistair Brady

director · Since 03/10/2019

CHARTERED SURVEYOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Mrs Sophie Brady

secretary · Since 06/05/2025

Persons with Significant Control

Mr Peter Ian Basford

25–50% shares
25–50% votes
Appoint directors

British · England · Age 59

12, Bury Street, Stowmarket, IP14 1HA

Notified 03/10/2019

Peter Alistair Brady

25–50% shares
25–50% votes

British · England · Age 50

12, Bury Street, Stowmarket, IP14 1HA

Notified 15/12/2025

Former PSCs

Ms Hermione Elizabeth Way

Ceased 01/12/2025

Orbital Media And Advertising Limited

Ceased 01/12/2025

CompanyRankvs 8301+ SIC 62090 peers
75

Financial strength79th percentile among SIC peers · 20/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 6.05× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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8301Innovation Labs Group Limited
74
How is this score calculated?
Financial strength20/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/10/2023

Net Worth

£43k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£32k

Working capital

Current Assets

£38k

Current Liabilities

£6k

Fixed Assets

£12k

4avg. employees

Balance Sheet

Assets less current liabilities£43k
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20236.05-£8k
20223.95+£38k
20211.36+£26k
20200.38—

Derived from filed accounts. Not audited figures.